Accountant at Ascentech Services Limited

Responsibilities

• Monitor daily sales, analyze revenue streams and track expenses.
• Implement effective cost-control measures to optimize profitability.
• Oversee daily cash handling, reconciliation, and deposit processes.
• Maintain accurate cash flow records.
• Implement and manage inventory control procedures for food and beverage items.
• Conduct regular audits to ensure accuracy.
• Collaborate with the culinary team to calculate and update menu costs.
• Analyze menu performance and recommend pricing adjustments.
• Manage and reconcile transactions recorded in the POS system.
• Troubleshoot and resolve any discrepancies.
• Prepare monthly financial statements, including profit and loss statements and balance sheets.
• Provide insights into financial performance.
• Assist in the development of budgets and forecasts.
• Monitor actual performance against budgeted targets.
• Ensure compliance with relevant tax regulations.
• Prepare and submit required tax documents.
• Assist in the preparation for internal and external audits.
• Provide necessary documentation and explanations.

Qualifications

• Bachelor's Degree in Accounting, Finance, Business Administration, or a related field.
• 2 - 4 years relevant work experience.
• Relevant experience in accounting, preferably in the restaurant or hospitality industry.

Skills Required:

• Understanding of restaurant operations, menu costing, and inventory management.
• Strong grasp of accounting principles and practices.
• Experience with accounting software and POS systems.
• Analytical and problem-solving skills specific to restaurant financial data.
• Excellent written and verbal communication skills.
• Ability to convey financial information to non-finance stakeholders.